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PURC announces 6.56% decrease in electricity tariffs for select residents

PURC

The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariffs for residential consumers. However, there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh) and residential consumers within the consumption bracket of 0-300 kWh.

The marginal tariff reduction of 6.56% will specifically benefit residential consumers within the consumption bracket of 301 kWh and above.

Regarding non-residential consumers, tariffs within the 0-300 kWh consumption range remain unchanged.

However, for consumers within the 301 kWh and above class, there will be an average reduction of 4.98% in tariffs.

The Commission emphasized that water tariffs for all customer classes will remain unchanged for the reviewed period.

These decisions were communicated through a press release on the commission’s 2024 first-quarter tariff review, signed by Dr. Ishmael Ackah, Executive Secretary of the PURC, and reported by Citi News.

In the previous tariff review conducted in November 2023 for the fourth quarter of 2023, the PURC announced a 0.34% increase in water tariffs and a 1.52% decrease in electricity tariffs, effective December 1, 2023.

The water tariff adjustments included an increase for residential customers from GHS/m³ 4.72 to 4.74, and for non-residential customers from GHS/m³ 14.13 to 14.19.

Water sachet producers saw a hike in tariffs from GHS/m³ 22.26 to 22.34, while industrial consumers experienced a tariff adjustment from GHS/m³ 25.29 to 25.38.

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